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LT Breaking out Rectangle Consolidation, Targeting 1400

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LARSEN & TOUBRO (NSE:LT)  
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NSE:LT   LARSEN & TOUBRO
Rectangle
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rectangle
Yesterday, the price action closed below the rectangle consolidation range that indicated bearishness and weakness in the stock as marked in previous chart of LT. Today, the price action continues the weakness and downward rally, expected to reach out to 1400 levels that is also previous resistance level.

Dagangan ditutup: sasaran tercapai:
Target 1 reached at 1419

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